Some people say that Powell is "full of bullshit" and thinks that the cryptocurrency market will plummet in the next month? In fact, it is not that simple.
As the chairman of the Federal Reserve, Powell's remarks are a comprehensive consideration of the complex economic situation, covering the balance of employment, inflation, economic stability and other aspects. His statement is not random, but based on data and well-thought-out decisions.
The trend of the cryptocurrency market is not only affected by the Fed's policies, but also by multiple factors such as the global economy, market sentiment, regulatory policies and technological development. Although Powell's remarks may cause market fluctuations, it is too simple to assert that the cryptocurrency market will plummet in the next month.
The market is often unpredictable, especially in a highly volatile environment such as the cryptocurrency market. Invest with caution, do not rely too much on a single factor or personal remarks to make judgments, and stay rational.